Also see: BofA, Dell: New Targets, Estimates
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
Advanced Micro Devices
was initiated with an Equal Weight rating at Evercore Partners. $8 price target. Reported share gains over the next few quarters may disappoint investor expectations, Evercore said.
(CALX - Get Report)
was initiated with a Buy rating at ThinkEquity. $25 price target. Company is a solid IP video play, ThinkEquity said.
was initiated with an Overweight rating at JPMorgan. $42 price target. Company provides both operating leverage and rerating opportunity, JPMorgan said.
was initiated with a Hold rating at Keybanc. National Starch acquisition should continue to add to earnings, Keybanc said.
was upgraded at Citigroup from Hold to Buy on valuation and regulatory risk removal. $38 price target.
eBay was upgraded from Neutral to Buy at Bank of America/Merrill Lynch. $38 price target. Improving U.S. trends and attractive risk/reward, BofA/Merrill said.
(HES - Get Report)
was upgraded at Bank of America/Merrill Lynch to Buy. Stock appears inexpensive, following a recent selloff, BofA/Merrill said. $104 price target.
was initiated with an Equal Weight rating at Evercore Partners. $24 price target. Company is in a lengthy transition period involving handsets and tablets, Evercore said.
was upgraded at Barclays from Equal Weight to Overweight. $90 price target. Recent share price weakness creates an attractive entry point, Barclays said.
(LULU - Get Report)
was downgraded at Sterne Agee from Buy to Neutral. Stock appears fully valued at current price, Sterne Agee said.
(MELI - Get Report)
was upgraded at ThinkEquity from Hold to Buy. $90 price target. Pullback has created an attractive buying opportunity, ThinkEquity said.
(SLAB - Get Report)
was initiated with a Buy rating at UBS. $48 target price. Attractive business model and entry point, UBS said.
End of report